We submitted a clients income details for WTC only in Novemebr 2005.
We have now been asked to complete the Annual declaration for the period 2 December 2005 to 5 April 2006. (Say 4 months).
Does this mean I take S/E income and multiply by 4/12 and ignore Building society interest (£5,000 gross) because it was credited in September 2005.
Thank you for your responses.
ANDREW
Replies (2)
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Read instructions carefully
On page 19 of the 2006 renewal pack notes it says "We need your income details for the full tax year(in bold), even if your award did not last a full year.
It can lead to anomolous and unfair results, but hey that's WTC for you!